Transaction in Own Shares

RNS Number : 3175V

Shoe Zone PLC

09 August 2022

 

9 August 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 8 August 2022 , it purchased 30,000 ordinary shares of £0.01 each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 29 July 2022 as follows (together the "Transaction"):

Date of purchase                                                                                                 8 August 2022

Number of ordinary shares purchased    30,000

Highest price paid per ordinary share    190 pence

Lowest price paid per ordinary share    190 pence

Volume weighted average price paid per ordinary share                                    190 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 125,846 shares in treasury. The total voting rights in the Company is now 49,874,154 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Shoe Zone under the FCA's Disclosure Guidance and Transparency Rules.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme .

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Shoe Zone, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:

Schedule of Purchases: 

Shares purchased:                                                         Shoe Zone plc (ISIN: GB00BLTVCF91)

Date of purchases:                                                         8 August 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
30,000	190.00	London Stock Exchange

Individual transactions:

30,000  190 pence  11.03 (UK)

 

For further information please contact:

Shoe Zone PLC    Tel: [phone]

Anthony Smith (Chief Executive)

Terry Boot (Finance Director) 

Zeus (Nominated Adviser and Broker)   Tel: [phone]

Daniel Harris, James Hornigold (Investment Banking)

Dominic King (Corporate Broking)

 

END

 

 

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